New Issue: Credit Suisse prices $12.78 million seven-year protected Mitts linked to the Dow

By Toni Weeks

San Luis Obispo, Calif., Dec. 30 – Credit Suisse AG, Nassau Branch priced $12.78 million of 0% Market Index Target-Term Securities due Dec. 28, 2021 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus the index return, subject to a maximum return of 55.4% and a minimum payout of par.

The final index level will be the average of the closing index levels on the five trading days ending Dec. 20, 2021.

BofA Merrill Lynch is the agent.

Issuer:	Credit Suisse AG, Nassau Branch
Issue:	Market Index Target-Term Securities
Underlying index:	Dow Jones industrial average
Amount:	$12,781,830
Maturity:	Dec. 28, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus any index gain, with maximum return of par plus 55.4%; floor of par
Initial level:	18,024.17
Final level:	Average of the closing index levels on the five trading days ending Dec. 20, 2021
Pricing date:	Dec. 23
Settlement date:	Jan. 2
Underwriter:	BofA Merrill Lynch
Fees:	2.5%
Cusip:	22539T449

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